BOINC https://boinc.berkeley.edu/ is an open-source kit for volunteer distributed computing, it can distribute any kind of computing task and has between 250k & 560k active users (differing estimates depending on what site you go to.. it's difficult to guesstimate) & 4 million registered users in total. To put the scale of available computing power in perspective, team Gridcoin has 100k hosts at its disposal and currently only rewards 0.5% of the active BOINC community. The majority of the BOINC community contributes their resources entirely for free, those that crunch under team Gridcoin are rewarded GRC by the network on behalf of whitelisted projects (project owners pay nothing).

It was mentioned in the last Bitshares hangout that the Bitshares testnet stress test may have been limited due to a lack of resources available for creating a larger transaction volume - what about distributing testnet load generating software out to a few thousand computers around the world via a BOINC project?

Such a project wouldn't be eligible for Gridcoin whitelist status (no GRC rewards) due to the bursty nature of stress testing (GRC needs continuous work availability).

You could easily distribute an UIA to your volunteers proportionally to their completed work by adding a Bitshares field to the BOINC signup page and user profile.

I'd imagine that for this idea, you would distribute a docker container which contained python dependencies, the testnet stress-test python script, and the bitshares client.

Once running on an user's machine, it would need to create a testnet user account, the project admin would send enough testnet BTS to each volunteer bitshares account, each account would register as lifetime (for less fees, but not neccessary), then the main stress-test script would begin bombarding testnet with transactions.

The 3000+ TX/s rate achieved in the recent Bitshares testnet stress-test was great, but let's try to push it to 1 million + TX/s!

Alongside the testnet load generator, you could distribute full node servers out to volunteers to supply additional network resources to the Bitshares network.

This would require the development of a proof-of-bandwidth credit mechanism (how to reward credit to users based on their full node availability/capacity/consumed-resources).

Since full-nodes are always required, this would make a Bitshares BOINC project eligible for Gridcoin whitelisting.

This would require setting minimum computer spec requirements, so not everyone would be able to participate unlike the load generator.

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Machine Learning + BTS

You could distribute TensorFlow https://www.tensorflow.org/ docker containers, and perform machine learning against data gathered from the BTS DEX.

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Witness experiments

We currently have ~25 witnesses, down from 100 in the switch from BTS 1.0 to BTS 2.0, we could experiment with different quantities of witnesses in an automated manner to evaluate optimal quantities of witnesses.

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Volunteer incentives!

The BOINC web server is programmed in PHP, you can easily add a Bitshares (and bitshares testnet) account field to the account signup page (and profile page), then expose said account name within the user statistics xml files (which is generated every 24hrs) then you can proportionally distribute an UIA on the BTS network to each BOINC volunteer proportionally to their contributed computation (RAC). Since these xml files are public, anyone could distribute their own UIA against your volunteers (new sharedrop vector!).

If there is a continuous availability of work units for volunteers, then the project would be eligible for Gridcoin whitelist status (the Gridcoin network would distribute rewards to your volunteers).

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Do you have an idea for Bitshares which requires vast amount of distributed computing power? Please post your ideas in this thread!

Gridcoin (GRC) 3.5.8.8/MSI=42.2 -Mandatory Update

How to Earn Gridcoin with Pool Research via grcpool.com

author,

trumpman

New video by the Gridcoin channel, demonstrating how to set up
the grcpool.com to work with the BOINC project manager to earn Gridcoin
via pool research. Use your BOINC science research to earn yourself some
Gridcoin and then trade for some Bitcoin, buy stuff with coinpayments
or HODL and profit long term.

Gridcoin (GRC) new release
version 3.6.3.0-Leisure

Gridcoin (GRC) - Wallet for MAC

For those Gridcoin users who still don't know (I discovered it several days ago) that new Gridcoin Wallet for Mac is available!
I like it much better than PC version, also I'll keep it most of the
time Online on my Mac laptop (to help the system and later for staking)
and will use for transactions, as I work mostly on Mac laptop.

Here is how it looks:

When you donwload it, it will take you several days to process
transaction history, i.e. 2 days ago when I downloaded it, it was 1000+
days behind. Right now when I'm writing this, I have 147 days left (of
transactions which are needed to be processed), so soon, in several
hours I'll have wallet up to date, and even will receive some GRC which I
claimed from Faucet to have something on my new wallet.

The Gridcoin White Paper Proposal - Update 3

Time for an update on where we stand with the white paper.

We haven't made any changes to the white paper over the past few
weeks, but if you still have ideas please let us know! The current
version is 1.0.2.

The poll is currently running at ~18.1% vote-weight participation with ~99.35% approval.

We could not be happier with both the participation level and the support for our work. Thank you!

The poll continues until April 20th, so do vote if you haven't.

What's Next?

I'm going to go ahead and assume that the poll will close with
approval and the proposed white paper will be adopted as the official
Gridcoin white paper.

First, we will need to work out how to host the document on the gridcoin.us website.

Next, we will need to reach out to exchanges with the hope of getting listed.

It might also be time to start planning some larger (though still
very focused) marketing and outreach initiatives -- we have a document,
let's use it!

Work on the blue paper will proceed, though there is still no
estimated timeline for its completion (the protocol is evolving too
quickly!)

We need help! If you have experience with marketing, technical
writing, outreach, project management, or if you have some ideas you
want to toss around or want to get involved in any way, join us on slack
or on discord and let us know what you want to do.

Reach out for an invite to slack.

It's wonderful seeing all the great things the community is working on. Keep it up!

Gridcoin Mining: Status for CW41

Author,

steemmillionaire

Hi everyone,

Lat week my machines were fully loaded, and generated 30,527 BOINC credit points, 19.58>#/strong### more compared to the previous week. Again, most of the points are coming from my contribution towards World Community Grid (63.41>#/strong###), while the rest are coming from the [email protected] project (36.59>#/strong###).